Share the post "Kisan Mouldings : Q1 2024 Financial Quarterly Report : YoY Sales Down 15.74 %, QoQ Up 14.76 %"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -15.74 % over the year, substantial increase in net sales/revenue by 14.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.26 %, Marginal decrease of -99.8% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kisan Mouldings Ltd.. Profit dropped by -142.33 % Year to Year, Kisan Mouldings Ltd.’s profitability dropped by -96.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -111.96 % Year to Year. EPS decreased by -99.02 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 81.01 Cr | Rs. 59.483 Cr | Rs. 68.262 Cr | + 14.76 % | -15.74 % |
| Expenses | Rs. 80.57 Cr | Rs. 37.81 Cr | Rs. 63.64 Cr | + 68.32 % | -21.01 % |
| Operating Profit | Rs. 0.44 Cr | Rs. 21.67 Cr | Rs. 4.62 Cr | -78.68 % | + 950 % |
| OPM % | 0.54 % | 36.43 % | 6.77 % | -29.66 % | + 6.23 % |
| Other Income | Rs. 0.595 Cr | Rs. 87.431 Cr | Rs. 0.171 Cr | -99.8 % | -71.26 % |
| Interest | Rs. 6.23 Cr | Rs. 17.39 Cr | Rs. 0.2 Cr | -98.85 % | -96.79 % |
| Depreciation | Rs. 1.89 Cr | Rs. 1.85 Cr | Rs. 1.59 Cr | -14.05 % | -15.87 % |
| Profit before tax | Rs. -7.09 Cr | Rs. 89.86 Cr | Rs. 3 Cr | -96.66 % | + 142.31 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -7.08 Cr | Rs. 89.87 Cr | Rs. 3 Cr | -96.66 % | + 142.37 % |
| EPS in Rs | Rs. -2.09 | Rs. 25.48 | Rs. 0.25 | -99.02 % | + 111.96 % |
Today, we’re looking at Kisan Mouldings Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -15.74 %. However, it did see a marginal increase of 14.76 % from the previous quarter. Expenses ticked up slightly by 68.32 % quarter-on-quarter, aligning with the annual decline of -21.01 %. Operating profit, while up 950 % compared to last year, faced a quarter-on-quarter dip of -78.68 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.23 %, but a shrinkage of -29.66 % sequentially. Other income fell by -99.8 % compared to the last quarter, despite an annual decline of -71.26 %. Interest expenses dropped significantly by -98.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -96.79 %. Depreciation costs fell by -14.05 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.87 %. Profit before tax grew annually by 142.31 % but saw a reduction from the preceding quarter by -96.66 %.
Net profit rose by 142.37 % year-on-year but witnessed a -96.66 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 111.96 % but a quarterly fall of -99.02 %. In summary, Kisan Mouldings Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 81.01 Cr | Rs. 59.483 Cr | Rs. 68.262 Cr | + 14.76 % | -15.74 % |
| Expenses | Rs. 80.57 Cr | Rs. 37.81 Cr | Rs. 63.64 Cr | + 68.32 % | -21.01 % |
| Operating Profit | Rs. 0.44 Cr | Rs. 21.67 Cr | Rs. 4.62 Cr | -78.68 % | + 950 % |
| Net Profit | Rs. -7.08 Cr | Rs. 89.87 Cr | Rs. 3 Cr | -96.66 % | + 142.37 % |
| EPS in Rs | Rs. -2.09 | Rs. 25.48 | Rs. 0.25 | -99.02 % | + 111.96 % |
In reviewing Kisan Mouldings Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.74 % year-on-year, however, there was a minor increase of 14.76 % from the previous quarter. Expenses decreased by -21.01 % compared to the previous year, with a 68.32 % increase quarter-on-quarter. Operating Profit surged by 950 % annually, and saw a -78.68 % decrease from the last quarter.
Net Profit showed yearly increase of 142.37 %, and experienced a -96.66 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 111.96 % annually, however dipped by -99.02 % compared to the last quarter. In essence, while Kisan Mouldings Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
